S&P Global Inc. $SPGI Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB cut its stake in shares of S&P Global Inc. (NYSE:SPGI) by 18.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,776 shares of the business services provider’s stock after selling 2,446 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in S&P Global were worth $5,631,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SPGI. Hamilton Capital LLC lifted its stake in shares of S&P Global by 4.5% in the second quarter. Hamilton Capital LLC now owns 418 shares of the business services provider’s stock valued at $220,000 after purchasing an additional 18 shares during the period. Sand Hill Global Advisors LLC grew its position in S&P Global by 3.1% during the second quarter. Sand Hill Global Advisors LLC now owns 632 shares of the business services provider’s stock worth $333,000 after buying an additional 19 shares during the period. Chemistry Wealth Management LLC grew its position in S&P Global by 0.4% during the third quarter. Chemistry Wealth Management LLC now owns 4,895 shares of the business services provider’s stock worth $2,382,000 after buying an additional 21 shares during the period. Forbes J M & Co. LLP increased its holdings in S&P Global by 3.5% in the third quarter. Forbes J M & Co. LLP now owns 627 shares of the business services provider’s stock valued at $305,000 after buying an additional 21 shares in the last quarter. Finally, Centerpoint Advisors LLC lifted its position in shares of S&P Global by 2.5% during the 3rd quarter. Centerpoint Advisors LLC now owns 859 shares of the business services provider’s stock valued at $418,000 after acquiring an additional 21 shares during the period. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Up 1.0%

Shares of NYSE SPGI opened at $428.53 on Tuesday. The firm’s 50-day moving average is $460.86 and its two-hundred day moving average is $488.38. The company has a market capitalization of $128.05 billion, a PE ratio of 29.25, a price-to-earnings-growth ratio of 1.88 and a beta of 1.23. S&P Global Inc. has a 12-month low of $381.61 and a 12-month high of $579.05. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.82.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, February 10th. The business services provider reported $4.30 earnings per share for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.02). S&P Global had a return on equity of 16.56% and a net margin of 29.16%.The business had revenue of $3.92 billion for the quarter, compared to analysts’ expectations of $3.89 billion. During the same period last year, the business earned $3.77 earnings per share. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Equities analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were given a dividend of $0.97 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This is a positive change from S&P Global’s previous quarterly dividend of $0.96. This represents a $3.88 annualized dividend and a yield of 0.9%. S&P Global’s dividend payout ratio (DPR) is 26.48%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Mizuho decreased their price target on S&P Global from $657.00 to $551.00 and set an “outperform” rating on the stock in a research note on Thursday, February 12th. Bank of America started coverage on S&P Global in a research note on Tuesday, February 17th. They issued a “buy” rating and a $575.00 price objective for the company. BMO Capital Markets lifted their price objective on S&P Global from $482.00 to $495.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Evercore set a $625.00 target price on S&P Global and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Finally, Weiss Ratings lowered S&P Global from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $563.53.

S&P Global Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.